Every manufacturing company requires a warehouse(s) for systematic, safe and effective material storage and retrieval. Warehouse structure and storage systems may vary from one company to another, basis their nature of the business and operations. A company can use racking systems for raw material, work in progress (WIP) goods and finished goods. It can also be used for spare parts storage. The type of storage system, racking and operational layout depends on lot of factors such as material characteristics, dimensions, turnover, capacity etc. With advancements in this sector, more and more companies are now embracing technology to transform their warehousing. Modern warehousing overpowers the simple storage solutions.
If you are looking to transform your warehouse structure, follow these 5 practices:
Evaluate your warehouse resources
As a result of the digital economy and the significant transformation that the segment is undergoing, it is only necessary to adapt to the newer ways of warehousing. The first step that one must take towards the transformation of their warehouse is by evaluating the available resources at the warehouse. Recheck the current rack capacity, pallet racking units installed etc. Forward-thinking businesses carry out evaluations at periodic intervals in order to optimize efficiency and deploy the latest technology.
Retrofit /install new storage systems
The storage systems must be tailor-made depending upon the nature of the product and business operations. This makes the warehousing processes simpler, leanier and faster. It’s essential to identify and understand the ever chaning market dynamics and trends and make necessary changes in the warehousing and storage systems to be ahead in the market. Lack of plan, resources, and strategies lead to inefficiencies in operations at the warehouse. By deploying new customized storage system or by upgrading the existing ones to improve work processes, companies can beat their own warehouse efficiency benchmarks. You may take consultative decision post discussion with warehouse rack manufacturers who can guide you with their expert opinion.
Warehouse Management System (WMS)
If you want to handle your products efficiently, make a schedule for pickers and make sure that the products are ready before the picker comes. This schedule saves the time of the pickers. This can be done with the implementation of Warehouse Management System (WMS). If you already have the WMS, then, analyzing and making necessary modifications that could improve the performance of the Warehouse Management System (WMS) must be carried out at the earliest.
Assessment of the storage media and its evolution
Warehouses and storage systems are designed and made for storing certain types of products. At the same time, poor design can lead to system latency and therefore must be tackled as soon as it is identified. With businesses changing at a rapid pace, it’s key to reassess the storage media and infrastructure, and identify where the inefficacies lie to streamline the processes, systems and operations. There are various warehouse racking systems available to suit your business requirement.
Hiring trained and educated staff is essential for the operations of the warehouse. They should know the right way of handling products efficiently. Performance of the warehouse should be regularly tracked with the help of historical data that can be pulled from the warehouse management system. Few statistics to be considered are throughput rate, retrieval time, goods damage, goods replacement frequency, accidents/ casualties and warehouse storage capacity etc.